Tuesday’s trading session was multidirectional in the USA. Investors seem to have abandoned last week’s rally.
· Dow Jones Industrial Average touched 13564.64 after gaining 0,09%
· S&P 500 dropped 0,13% down to1459.32
· Nasdaq Composite declined by 0,03% down to 3177.80
The chart below, courtesy of , reflects the current state of affairs in the market of S&P 500:
The index keeps forming wave 4. The closest level of resistance is 1474,5. If it is broken, the price will start wave 5. The critical level for the bullish scenario is 1440.
